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Ngo Sees 'Indispensable' to Review the Minimum Wage in Venezuela and Its Calculation Methodology

Summary by El Tiempo
Venezuela accumulates three years and ten months without an increase in the minimum wage, the 'longest' period in almost three decades.
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Provea considered this Monday 26 January “indispensable” to revise the minimum wage in the country, currently at 130 bolivares - about 37 cents per month according to the official exchange rate-, as well as its calculation methodology to “rescue labor rights”. “Venezuela will only be able to advance towards the meeting and coexistence when the needs of the working population are recognized and the spaces of social dialogue are respected,” stress…

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Venezuela accumulates three years and ten months without an increase in the minimum wage, the 'longest' period in almost three decades.

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El Tiempo broke the news in on Monday, January 26, 2026.
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